As I have been researching to the time line of events with the fed, bail outs and market woes, it seems clear that the Federal Reserve has been
wanting more power since the housing bubble crashed.
As early as March Bernanke has been hinting that the fed needs more powers to handle the housing crisis.
Paulson wants market oversight reform, more Fed power+
www.breitbart.com...
Then again in July,
Bernanke Endorses Expanded Authority
www.washingtonpost.com...
Now excuse my conspirators mentality but it becomes more clear that this is been a planned and endorse by the powers behind the government and perhaps
the latest collapse in the markets may have been already planned to introduce what we are now looking as a total power of the fed, over congress and
with total control of the department of treasury.
People in this board frequently complain that web sites like INFORMATION CLEARING HOUSEare not to be trusted.
But you know what they actually
knew back in in
March 2008 what kind of powers the
Corrupted federal Reserve was seeking.
I don't know about you people but I will never look at
Information clearing house the same way again
Paulson's real motive is to preempt the regulatory sledgehammer that is set to descend on the entire financial industry following the 2008
election. There's growing fear that a President Obama may tote his firehose down to Wall Street and flush out some of the debris that has collected
in the market's dark corners.
.
So the take over will be done before the next president comes to be because the fed are afraid of an Obama president.?
Interesting.
If Paulson's plan is approved in its present form, Congress will have even less control over the financial system than it does now and the same
group of self-serving banking mandarins who created the biggest equity bubble in history will be able to administer the markets however they choose
without the annoyance of government supervision. That's exactly what Treasury Secretary and his pals at the Fed want; unlimited power with no
accountability.
Incredible that this was already circulating in the internet with nobody wanting to see the truth behind this article
Because people don't like the site?
Read the article people this getting better and better.
www.informationclearinghouse.info...